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Strateco Resources Inc SRSIF

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.


GREY:SRSIF - Post by User

Bullboard Posts
Post by linus4on May 09, 2013 10:38am
78 Views
Post# 21360587

nice gig if you can get it

nice gig if you can get it

How can I get a cushy job like that !...Here's an example of a few getting rich while producing no results...The top 4 guys drain about $1,000,000 in salaries/yr..Plus you can add in another $500,000 / $700,000 +/- for their holding co. that charges yrly fees, plus the 5% & 10% over riding fees they get on mine expenditures , employee options ,directors fees , consultant fees..Also, look at the golden parachutes they voted in for themselves..All of this for a Co. that has a mkt cap of only $11.7 million..In 5 yrs shareholders have watched the stock go from $2.00 level to .07 cents while insiders took care not to miss any means of getting cash into their pockets..Over that time frame , these fees/salaries probably were probably north of $7,000,000 & we have only a .07 cent stock..Seems to be more of a 'private piggy bank than a 'public co.'..Maybe they should be paid according to their achievements/results produced for shareholders..Do you think this should continue or is time for a change?....

Bullboard Posts